Southern Market Update with Alex Smith

In the latest Hay Matters Podcast brought to you by LocalAg and Feed Central, Key Account Sales Manager Alex Smith shares insights from the ground as he travels across the south-eastern states. With southern regions facing dry conditions and Queensland still dealing with the impacts of flooding and beginning their recovery, Alex discusses the shifting dynamics in feed production, market demand, and the value of forward planning.

Key takeaways from the episode:

• Widespread silage has already been made, with buyers now selectively sourcing high-quality cereal, vetch, and lucerne hay.
• The feed trade has flipped again this year, with hay moving from northern and central regions back down to the south.
• Flooded areas in Queensland are experiencing supply delays, while drought conditions in the south are increasing demand pressure.
• Quality hay is in high demand, with delivered costs climbing as buyers look further afield.
• Recent weather events across much of Queensland and Northern NSW have lifted cattle prices due to limited access and uncertainty around pasture recovery. It may take several months before the full impact is known, which is keeping fodder demand in the north relatively low for now.